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Finance Ministry to stick to privatisation of already announced CPSEs next fiscal

In the current fiscal, the government had budgeted to collect Rs 65,000 crore from disinvestment…

PTI   


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1 min read

Par panel voices concern over decline in permanent employees at CPSEs

While expressing satisfaction over the almost 100 per cent utilisation of funds allocated under th…

PTI   


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Privatised CPSEs reported better profit, sales after transition: Survey

New Delhi, Jan 31 () Most privatised CPSE witnessed improvement in net worth, profit, gross revenue…

PTI   


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Govt, CPSEs need to work together for development of 115 aspirational districts: Kant

The Aspirational Districts Programme (ADP), launched by Prime Minister Narendra Modi on January 5,…

PTI   


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Non-compliance of govt directives by CPSEs led to shortfall of Rs 9,417 cr in dividend: CAG

New Delhi, Dec 10 () Non-compliance of the government's directive with regard to dividend declarati…

PTI   


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Cabinet likely to consider proposal to bring down its stake below 51 pc in CPSEs soon

New Delhi, Nov 19 () The Union Cabinet will soon consider a proposal to bring down government stake…

PTI   


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Niti Aayog wants the government to discontinue investing in loss-making PSUs

This fiscal has seen the government budgeting Rs 56,500 crores from strategic disinvestments, out o…

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3 mins read

Rajya Sabha to hold general discussion on Union Budget, Jammu and Kashmir Budget today

The discussion over these two budgets is expected to start in the second half of the day.

ANI   


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Coal sector PSUs poised to cross ₹21,030 crore Capex target for 2023-24

The capital expenditure (CAPEX) by public sector coal companies has touched 20,153 crore as on Janu…

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FPI ownership in NSE-listed companies drops below 18% in FY24

Foreign portfolio investments in India's NSE-listed companies have experienced significant fluctuat…

ANI   


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3 mins read

Capex cycle to touch ₹21 lakh crore in FY23, but there's a catch

Listed private companies’ capex, driven by capital intensive industries, nudged up to ₹7 lakh cr…

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3 mins read

RVNL is now a Navratna company – what does it mean?

Rail Vikas Nigam Limited (RVNL) has been conferred with Navratna status by the Ministry of Finance …

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1 min read

Govt raises over ₹4 lakh crores via disinvestment since 2014

The government has raised over ₹4.04 lakh crore through disinvestment and strategic sale of public …

PTI   


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Govt seeks data on vacancies from PSUs; roadmap to fill them

The government has sought data on vacancies from all public sector undertakings (PSUs) and asked th…

PTI   


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3 mins read

Geological Survey of India has been digging for lithium for last 5 years

The recent announcement by the government about the discovery of the largest reserves of lithium in…

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Government merges the Department of Public Enterprises with the Finance Ministry to bring better control over state-owned firms

Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry …

PTI   


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1 min read

REC gets 'Maharatna' company status

REC Ltd has been accorded the status of a 'Maharatna' central public sector enterprise (CPSE), thus…

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2 mins read

Tata Steel's arm to buy debt-ridden Neelachal Ispat Nigam for ₹12,100 crore from government

The Centre's 'Alternative Mechanism' approved the bid for buying 93.71 per cent of shares of JV …

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FM Nirmala Sitharaman asks central PSUs to scale up capex in the current and next financial year

Stressing the need for capital expenditure (capex) by Central Public Sector Enterprises (CPSEs), Un…

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Govt to focus on strategic stake sales to meet disinvestment target: DIPAM Secretary

"Many of our strategic transactions are going on and moving forward. There was little bit of disru…

PTI